ASC 606 construction industry impacts

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Part of the CPEA ASC 606: Revenue Recognition Series

We continue our revenue recognition series on implementation issues from FASB Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers. The new revenue recognition standard in ASU 2014-09 is primarily codified in FASB Accounting Standards Codification (FASB ASC) 606, with the same title. This is a longform report focusing on how the new revenue recognition standard will impact the engineering and construction (E&C) industry. To do so, we’ll briefly summarize

Download the First half of the ASC 606 construction industry impact report

File name: CPEA-rev-rec-construction-part-i.pdf

Download the Second half of the ASC 606 construction industry impact report

File name: CPEA-rev-rec-construction-2.pdf

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